Taxing the Very Rich

It’s a lot harder than it looks.

Trump to Nominate Herman Cain to Fed

Nein. Nein. Nein.

Trump, the Fed, and the Economy

More simplism from the WH.

Feeding The Trolls Only Makes Them Stronger

Deny them the pleasure of an angry reaction, and they’ll probably leave you alone.

Maduro Holds on in Venezuela

The key remains the military.

Economic Growth Slows In Final Quarter Of 2018

Economic growth slowed significantly in the fourth quarter of 2018 from where it had been earlier in the year. And it’s likely to slow down even more.

Patrick Caddell, Carter Political Adviser During 1976 Campaign, Dies At 68

Patrick Caddell, who helped Jimmy Carter win the Democratic nomination and White House in 1976, has died at the age of 68.

December Jobs Report Blows Past Expectations

December’s Jobs Report blew past expectations to show more than 300,000 jobs created.

Steve Mnuchin Becomes Trump’s Latest Target

With the economy appearing to sour, Treasury Secretary Steve Mnuchin is quickly becoming the President’s latest target of criticism.

Trump Takes Aim At The Federal Reserve Board

President Trump is now apparently on the warpath against the Federal Reserve Board Chairman he appointed only a year ago.

Donald Trump Shrugging Donald Trump Shrugging

Trump and the Fed

Trump doesn’t understand (nor respect) the role of the Fed.

Republicans Still Don’t Get The Point Of The 2018 Election

The verdict of last month’s elections was clear, but Republicans still don’t seem to get it.

November Jobs Growth Falls Short Of Expectations

Jobs Growth in November was healthy but fell short of expectations.

Economic Storm Clouds On The Horizon

The economy is in good shape for the moment but there are storm clouds on the horizon.

Sooner Or Later, We Will Have A Recession

The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.

Yes, The GOP Lost The Midterms Because Of Trump

The evidence that the GOP lost the midterms because of public repudiation of President Trump is overwhelming. The GOP will either accept this and learn from it, or they will not.

Meet John Delaney, The Unknown Candidate

Who’s John Delaney? Well, he’s a Congressman from Maryland who’s apparently running for President.

Trump Ignores “It’s The Economy, Stupid,” In Favor Of Stoking Culture War Fires

Despite the relatively strong economy, President Trump and many other Republicans are relying on the politics of fear to drive voter turnout on Tuesday.

October Delivers A Solid Jobs Report

Jobs Growth in October exceeded expectations, as did wage growth. It’s unclear, though, how long these numbers can be sustained.

G.D.P. Growth In Third Quarter Was Healthy, But Many Caveats Remain

The economy appears to have grown strongly in the third quarter, but concerns about long-term growth remain.

Jobs Report Disappoints, U-3 Unemployment Number At Lowest Point Since 1969

September jobs growth fell short of expectations even as the top-line unemployment rate reached a point unseen since 1969.

Federal Budget Deficit Set To End Fiscal Year Near $1 Trillion, And Continue Growing

The Federal Budget Deficit is set to end the Fiscal Year close to $1 trillion, and to continue growing after that.

August Jobs Report Slightly Stronger Than Expected

Jobs growth in August was slightly better than expected, but still nothing overly impressive.

Violating Yet Another Norm, Trump Attacks The Federal Reserve

Donald Trump is now attacking his own appointee to head the Federal Reserve Board.

Venezuelan President Nicolás Maduro Targeted In Apparent Assassination Attempt

Venezuela’s President Nicolás Maduro survived an apparent, albeit amateurish, assassination attempt yesterday in what could be a sign of underlying instability in Venezuela.

Initial Estimate Shows Economy Grew 4.1% In Second Quarter

The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.

So What Did Trump And Putin Agree To That We Don’t Know About?

We still don’t know what President Trump and Vladimir Putin talked about or agreed to during their two-hour meeting on Monday.

GOP Tax Cuts Not Leading To Increased Wages

Despite Republican hopes, the tax cuts passed by Congress in December are not manifesting themselves in increased wages.

Mark Zuckerberg World’s Third-Richest Person

The 34-year-old Facebook tycoon is now worth more than 87-year-old Warren Buffet.

Trump Escalates Trade War With China

The ill-advised move is sure to raise costs for businesses and consumers and roil global stock markets.

June Jobs Growth Slightly Above Expectations, But Not Spectacular

Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.

May Jobs Report Better Than Expected, But Still Not Great

May’s jobs report was stronger than the previous two months, but not entirely great.

Federal Reserve Not Worried About Economy Overheating

The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.

Donald Trump Shrugging Donald Trump Shrugging

It’s Not ‘Misleading,’ It’s A Lie

When a President lies with the ease and regularity of Donald Trump, it’s the responsibility of all of us to call it what it is and not hide behind weasel words like “misleading.”

USPS Loses Billions Per Year, But Not Because Of Amazon

The Postal Service is losing billions of dollars, but not for the reasons the President claims.

Jobs Growth Falls Below Expectations In April While Wages Remain Stagnant

The unemployment rate hit a point unseen since Bill Clinton was President in April, but jobs and wage growth remain tepid at best.

The Declining Market for Freelance Writing

Ring Lardner said he would “rather write for the New Yorker at five cents a word than for Cosmopolitan at one dollar a word.” A century later, he’d be lucky to get those rates.

Feds Make 32 Percent Less than Private Sector Counterparts (Or 17 Percent More)

Dueling data on civil service compensation belie the adage that you can’t choose your own facts.

‘Black Panther’ Breaks Bogus Box Office Benchmark

The Marvel superhero film passed ‘Titanic’ in US ticket sales. Unless we adjust for inflation. Which we absolutely should.

New Fed Chair Overshadowed by Trade War Rhetoric

Speaking of trade war talk…

Most of West Africa Now Qualifies for Combat Pay

Service members deployed to Algeria, Burundi, Cameroon, Chad, Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Mali, Niger, Somalia, Sudan, South Sudan, Tunisia, and Uganda qualify.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

Trump Announces New Tariffs On Steel And Aluminum

President Trump has announced that he’ll be imposing significant tariffs on steel and aluminum imports. This is an unwise decision.

The GOP Is Now The Party Of Deficits And Debt, But Then It Always Has Been

Republicans spent the eight years of Obama Administration railing against fiscal irresponsibility. Now that they have power, they’re the ones being fiscally irresponsible.

Live By The Markets, Die By The Markets

Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.

November’s Jobs Report Is Strong, But There Are Caveats

November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.

John Anderson, Independent Candidate For President in 1980, Dies At 95

Most Americans are unlikely to remember John Anderson, but he was a harbinger of things to come.

Robert Mugabe Resigns As President Of Zimbabwe

After nearly four decades in power, Robert Mugabe has stepped down after a military coup. What happens next is another, more complicated, question.

Mugabe Removed As Head Of Zimbabwe’s Ruling Party, Threatened With Impeachment

After more than thirty years in power, Robert Mugabe is on his way out in Zimbabwe, but that doesn’t mean things will improve.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.